Allocations
Grupo La Finca (GLF), the majority owner of La Finca Global Assets (LFGA), has agreed to acquire an additional 38 per cent stake in the business from Värde Partners, a global alternative investment firm, for EUR130 million with EUR2 million conditional on achieving certain targets by LFGA during 2022.
Mercer Global Advisors, a full-service wealth management firm and national Registered Investment Adviser (RIA) backed by Genstar Capital, has acquired HawsGoodwin Investment Management, a wealth management firm located in Franklin, Tennessee.
HawsGoodwin serves 280 clients with assets under management (AUM) of approximately USD680 million. The firm is focused on providing leading financial planning and investment management services to its clients via an accessible, modernis.
Foresight Group (Foresight), a listed infrastructure and specialist regional private equity investment manager, has sold its holding in DA Languages Holdings Limited (DAL), an interpreting services business based in Manchester.
DAL was acquired by mid-market private equity firm IK Investment Partners for an undisclosed sum.
This is the third exit from the Foresight Regional Investment LP following the successful sale of Hedges Direct in February 2021 and Clubhouse Golf in March 2020, which generated returns of 5.6x and 6.1x respectively.
Following these three strong exits, Fund investors, which includes the Greater Manchester Pension Fund, will have received cash proceeds in
Clearlake Capital-backed TEAM Technologies, a growth-oriented North American engineering solutions and specialty manufacturer serving healthcare end markets, has acquired iiMED Medical Solutions (iiMED) from affiliates of ACON Investments.
Financial terms of the transaction have not been disclosed.
The transaction represents the eighth transaction completed by TEAM since 2012 and the fourth acquisition since Clearlake invested in TEAM in 2018.
United Fintech, a London-based financial technology investor and holding company, has completed a 25 per cent minority investment in buy-side Portfolio/Order Management System vendor Athena Systems.
Mizuho Americas is to acquire Capstone Partners, an independent, middle-market placement agent focused on fundraising and advisory services to private equity, credit, real assets, and infrastructure investment firms.
Financial terms of the transaction, which is expected to close in the first half of 2022, subject to regulatory approvals, have not been disclosed.
Capstone was named “Best Placement Agent” by Private Equity Wire in 2021, following a year when its clients held closes totalling more than USD10 billion in fund commitments.
Viridi Parente (Viridi), a specialist in developing safe, resilient, point-of-use battery storage technology, has raised USD94.695 million in a Series C funding round led by existing investor B Thomas Golisano.
New investors include Ashtead Group/Sunbelt Rentals, a specialist in the equipment rental industry providing a highly diversified offering of equipment and solutions that service a broad customer base with more than 1,025 locations supporting a rental fleet of USD11 billion, and National Grid Partners, the investment arm of National Grid, one of the world’s largest investor-owned energy companies.
This round of funding, values Viridi, post-money, at USD700 million.
Private equity firm TruArc Partners’ portfolio company AI Fire, a specialist in fire protection and safety services, has completed four acquisitions.
AI Fire partnered with the TruArc team in March 2021. With TruArc’s support, AI Fire has accelerated a buy-and-build strategy designed to fuel the company’s growth and expand its geographic footprint to service national, regional, and local customers all under one umbrella.
AI Fire has acquired the following companies since the partnership with TruArc in March: Blackstone Fire Control and FESS Fire Protection which established a new regional footprint in the Carolinas, TEC Control Systems which increased density in
TMV, a NYC-based early stage venture capital firm, has closed its second institutional venture fund, surpassing its initial target of USD60 million.
Oversubscribed by approximately USD5 million and six-times the size of Fund I, TMV’s second fund is backed by multiple Fortune 500 institutions, including three global banks, a large hospital system and US Foundation. Additionally, several of the world’s largest family businesses in Europe, Australia and the United States have chosen to back TMV II.
project44, a supply chain visibility platform, has secured received an investment totalling USD420 million from a syndicate led by Thoma Bravo, TPG, and Goldman Sachs Asset Management (Goldman Sachs).
Emergence Capital, Insight Partners, Chicago Ventures, Generation Investment Management, Sapphire and Sozo Ventures also participated acquiring equity interests resulting in a project44 pre-money valuation of USD2.2 billion.
Also Sixth Street committed to make available additional funding, in support of the company’s strategic acquisition programme and product development activities.
When combined with its USD202 million equity raise in May of 2021, project44 has set a funding record for Logistics Tech enterprise SaaS
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
